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Hi all I'm Nicole, Based in Manchester and looking to start my property journey in my home city. I have some money to invest and been told by many people property is the way forward. My goal is to have a few student properties under my belt in the coming years. I bought my first flat ( first time buyer with mortgage ) in a great student area which i am currently living in. My partner also has a flat in the same building which he rents out to students. We would like to buy a house together in the future but don't want to sell our properties so would like to rent them both out. The only thing I worry about is how this would affect us in the future wanting to buy a house together if we both already have properties but would like to rent them out to provide extra income to help with the mortgage repayments. Do you have to live in the property for a length of time first? Any advice/ strategies or information would be greatly appreciated! I am excited to be part of the property hub community and hopefully document my journey!
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Hi all I'm Nicole, Based in Manchester and looking to start my property journey in my home city. This is all new to me, I have some money to invest and my goal is to have a few student properties under my belt within the coming years. I bought my first flat ( first time buyer with mortgage ) in a great student area which i am currently living in for 3 months now. My partner also has a flat in the same building which he rents out to students. We would like to buy a house together in the future but don't want to sell our properties so would like to rent them both out. The only thing I worry about is how this would affect us in the future wanting to buy a house together if we both already have properties but would like to rent them out to provide extra income to help with the mortgage repayments. Do you have to live in the property for a length of time first? Any advice/ strategies or information would be greatly appreciated! I am excited to be part of the property hub community and hopefully document my journey!
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- newbie investor
- newbie! hello..
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Hi everyone, I would be hugely grateful for some advice about the desirability of certain Nottingham areas, as I am looking to invest max. 100k in my first buy-to-let property. There seem to be some good deals in Hyson Green, but does anyone know what the rental market is like there? Do students avoid it? Similarly, are there parts of Forest Field and Basford that you'd recommend as being more appealing than others? Huge thanks to anyone who can give advice on these. Cheers, Kat
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